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IOAGPL, GAIL & IGRPL Join Hands to Boost Green Energy Through CBG Integration

Newsmantra — Tue, 05 Aug 2025 07:21:11 +0000

IndianOil-Adani Gas Pvt. Ltd. (IOAGPL) has signed a tripartite agreement with GAIL (India) Limited and IOC GPS Renewables Pvt. Ltd. (IGRPL) for the procurement of Compressed Bio-Gas (CBG) under the Government of India’s CBG-CGD synchronization scheme. The collaboration aims to integrate CBG from IGRPL’s upcoming plant into IOAGPL’s City Gas Distribution (CGD) network, promoting cleaner energy, supporting waste-to-energy initiatives, and fostering rural economic development. The signing ceremony was attended by senior officials including Mr. Akash Bhawan (ZOIC), Mr. Subandhu Sinha (GAIL), Mr. Bhashit Dholakia (IOAGPL), Col. Neeraj Marwah (IGRPL), and Mr. Tarun Rehani (IOCL), among others.

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Howden India Appoints Saurabh Verma as Chief Business Officer

Newsmantra — Wed, 02 Apr 2025 07:36:00 +0000

Mumbai, 1^st April 2025: Howden is pleased to announce the appointment of Saurabh Verma as the Chief Business Officer for its India operations. With nearly 25 years of extensive experience in the insurance industry, Saurabh brings a wealth of expertise and leadership to the Howden India team. In his new position, Saurabh will be in charge of promoting regional growth and strengthening client connections.

Saurabh has held several key leadership positions in the past, including President & Head – Sales (CRS) and Strategic Account Management at Aon, Executive Vice President and Geography Leader at Willis Towers Watson, Practice Leader for Renewable Energy at Willis Towers Watson, and Regional Head at Chola MS GICL. His proven track record in building high-performing teams and developing market-leading risk solutions will be invaluable to Howden India.

Amit Agarwal, CEO of Howden India, stated “We are excited to welcome Saurabh to team Howden! His new perspective will undoubtedly enhance our growth trajectory. Moreover, Saurabh is a great fit for Howden’s culture and will play a pivotal role in fostering an exceptional workplace environment for our people.”

Saurabh Verma, Chief Business Officer, commented “I am excited and look forward to contributing to Howden India’s growth. Two and a half decades of my professional experience have taught me to stay continuously invested in forming exceptional teams that seek collaboration, operational brilliance, and client-centric solutions. As Chief Business Officer, I will further Howden’s unique endeavour to be an employer of choice and foster culture of empowerment and ownership.”

Saurabh holds a BE in Mechanical Engineering, an MBA in Marketing & Systems, and is a Fellow of the Insurance Institute of India (FII).

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Green Energy Transition: Moment of Opportunity

Newsmantra — Thu, 27 Feb 2025 08:39:18 +0000

Ms Sangeeta Kaushik , Executive Director ( Corporate Planning). NTPC Limited, represented NTPC Limited at the Indian Chamber of Commerce conference on a very apt theme of Green Energy Transition: Moment of Opportunity. Shared how NTPC has been transforming itself from a thermal power company to a future ready utility by leveraging the opportunities the green energy transition and government efforts in working towards it’s net zero goal by 2070 is offering. Working on Renewables( solar, wind, offshore wind, floating solar), Energy Storage( BESS and PSP),Nuclear, Carbon capture to green chemicals, CO2 energy storage, Green Hydrogen while maintaining the flexibility of it’s thermal fleet and brownfield expansion of thermal projects to meet the base load electricity demand of the country

Shri Srikant Nagulapalli, Additional Secretary, Ministry of Power, and Dr D. Sai Baba, Joint Secretary, Ministry of Power, visited the Ministry of Power Pavilion on Day 1 at ELECRAMA 2025, where PFC’s advanced SCADA systems and innovative smart-metering technology are on display.

With these groundbreaking solutions, PFC is paving the way for a brighter, more efficient, and sustainable power sector. Let’s power up for a future that’s both innovative and sustainable!?

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RITES signs MoU with NISE for assuring quality in Green Energy

Newsmantra — Wed, 20 Nov 2024 12:38:05 +0000

Gurugram, November 20, 2024: RITES Ltd., a premier transport infrastructure consultancy, today signed a Memorandum of Understanding (MoU) with the National Institute of Solar Energy (NISE), an apex R&D institute under the Ministry of New and Renewable Energy (MNRE), to collaborate for Quality Assurance (QA) services for solar and renewable energy projects.

The strategic partnership will leverage RITES’ extensive expertise in assuring quality, along with NISE’s leadership in solar energy research and technology development, to deliver innovative solutions in the renewable energy sector. It aims at exploring and executing QA projects in solar photovoltaic (PV), solar thermal applications, green hydrogen, and other renewable energy domains.

Under this MoU, RITES will provide QA services, while NISE will contribute through research, training, and technological support. Both organizations will work closely to enhance strengthen renewable energy infrastructure and promote skill development initiatives.

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IREDA and PNB Leaders Discuss Scaling Up Financial Support for Green Energy

Newsmantra — Wed, 25 Sep 2024 04:03:05 +0000

Mumbai, 24^th September 2024 : Shri Pradip Kumar Das, Chairman & Managing Director, Indian Renewable Energy Development Agency Limited (IREDA), met today with Shri Atul Kumar Goel, MD & CEO of Punjab National Bank (PNB), to discuss enhancing their partnership in renewable energy financing. IREDA and PNB have already signed a Memorandum of Understanding (MoU) to jointly lend for renewable energy projects.

During the meeting, both leaders emphasized the need for their organizations to play a greater role in meeting the growing financing needs of the renewable energy sector. They discussed strategies for strengthening this partnership to align with the Government of India’s vision of achieving ambitious renewable energy targets. Discussions also included lending by PNB to IREDA at a cheaper rate, as well as joint lending with IREDA for large-scale renewable energy projects, ensuring more competitive financing for the sector.

Shri Pradip Kumar Das, CMD, IREDA said, “The renewable energy sector in India is expanding at an unprecedented rate, and the demand for financing is growing rapidly. Our collaboration with PNB is crucial in ensuring that we can contribute significantly to the country’s green energy transition. Together, we aim to support the Government’s vision and help India achieve its renewable energy goals.”

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66 Indian Airports are operating on 100% Green Energy

Newsmantra — Tue, 05 Dec 2023 06:03:12 +0000

Airports like Delhi, Mumbai, Hyderabad and Bengaluru have achieved Level 4+ and higher Airports International Council (ACI) Accreditation and have become Carbon neutral. Additionally, 66 Indian Airports are operating on 100% Green Energy.

This information was given by the Minister of State in the Ministry of Civil Aviation Gen. (Dr) V. K. Singh (Retd) in a written reply to a question in Rajya Sabha today.

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AAI and other operators’ target Capital outlay of Rs. 98,000 crores to meet growing air traffic demands

Newsmantra — Thu, 20 Jul 2023 12:29:51 +0000

AAI and other Airport Operators have targeted a capital outlay of approximately Rs. 98,000 crores in the airport sector during 2019-2024 for the construction of Greenfield Airports and new terminals, expansion and modernisation of existing terminals and strengthening of runways, among other activities to meet the growing air traffic demands.

Airports are transitioning to 100 % green energy, with 55 airports, including 49 managed by the Airports Authority of India (AAI), currently operating on 100% green energy.

The Government has set a target to operationalize 1000 UDAN routes during the currency of the scheme and to revive/develop 100 unserved & underserved airports/heliports/water aerodromes in the country by 2024 for the operation of UDAN flights.

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PTC India plans to provide 24×7 power trading solutions: CMD

Newsmantra — Tue, 18 Jul 2023 06:31:50 +0000

PTC India Limited is planning to provide round-the-clock (RTC) power offerings by “blending” green energy with thermal, its CMD Rajib Kumar Mishra has said. The offerings will also include storage solutions, the official made the remarks at the company’s 24th Annual Day in the national capital.

PTC India aims to provide round-the-clock power offerings by blending renewable energy with thermal generation and storage solutions,” Mishra said.

PTC is a public-private partnership with major PSUs of the power ministry as promoters. It undertakes trading activities that include long-term trading of power generated from large power projects as well as short-term trading. Money Control

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The Push for Green Energy at Indian Airports

Newsmantra — Wed, 12 Jul 2023 06:14:52 +0000

The Airports Authority of India (AAI) wants most airports in the country to be fully reliant on green energy by 2024 and Net Zero by 2030

India currently has more than 140 airports, and that number is set to rise to 230 by the end of this decade. According to the AAI, more than 40 airports in India have transitioned to using 100% renewable energy, and the country’s top two busiest airports – Delhi and Mumbai – are among them. Delhi Airport was the first in the country to use a combination of hydro and solar power for 100% energy, while Mumbai uses hydro, solar, and wind power.

He said, as the first overseas office of HAL, it symbolizes the potential for closer defence industrial collaboration between India and Malaysia and also, the South East Asian Region.

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Indian Oil & Praj to form JV for building Biofuels production capacities

Newsmantra — Tue, 11 Jul 2023 07:17:51 +0000

Indian Oil Corporation Limited (IndianOil) and Praj Industries Limited (Praj) have recently signed a term sheet to advance plans to strengthen biofuel production capacities in India. Various biofuels covered under this MoU include Sustainable Aviation Fuel (SAF), Ethanol, Compressed Bio-Gas (CBG), Biodiesel and Bio-bitumen among others. Earlier in October 2021, both Companies had entered into an agreement to form a 50:50 Joint Venture to this end.
Talking about the development, Shrikant Madhav Vaidya, Chairman, IndianOil, said, “The collaboration with an Indian biofuel major – Praj, is a remarkable milestone in IndianOil’s green energy transition journey. It will strengthen our resolve to achieve our goal of net-zero operational emissions by 2046 and maintain our leadership in the green energy domain.”
Vaidya also added that India being an agrarian economy, offers the advantage of sufficient availability of feedstock. Indigenous biofuels will be a game changer in helping India chart its decarbonization journey. Biofuels offer a win-win situation by reducing dependence on crude imports, boosting the rural economy, and offering sustainable, cleaner mobility options.
IndianOil & Praj have been collaborating to facilitate India’s energy transition towards a greener future in the past as well. The nation’s first-of-its-kind advanced biofuel refinery at IndianOil’s Panipat complex is based on Praj’s proprietary 2 G technology. This year in May, IndianOil and Praj partnered with AirAsia India and flew India’s first-ever commercial passenger flight powered by a blend of ‘indigenous’ Sustainable Aviation Fuel.

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